Vedanta ESOP Grants Convert Employees to Shareholders
**Vedanta Employee Wealth Program: Impact and Scale**
Vedanta has established one of **India’s widest employee-wealth programs**. Over the past five years, the program has generated **Rs 2,500 crore** in benefits for employees. This significant wealth creation was achieved through the offering of **ultra-low-priced Employee Stock Ownership Plans (ESOPs)**.
The program boasts a coverage of **40% of Vedanta’s total workforce**, underscoring its broad reach.
The company recently approved its latest grant, valued at **Rs 500 crore**. This new grant brings an additional **1,200 employees** into the shareholder fold. Notably, this group includes a significant number of **freshers**, demonstrating a commitment to early career professional ownership.